TEXAS ACADEMY 4

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

JOHN SHEARER

Phone

8179092241

Tax Period

2023-07-01 to 2024-06-30

TEXAS ACADEMY 4, founded in 2013, is a community nonprofit in the Mutual Benefit sector that reported $4.0M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

WE EQUIP COMMUNITIES AND CHURCHES TO BUILD LASTING RELATIONSHIPS WITH SCHOOLS AND FAMILIES. OUR SIGNATURE 4TH-GRADE PROGRAM PROVIDES A MENTOR FOR EVERY 4TH GRADER IN THE ECONOMICALLY DISADVANTAGED SCHOOLS WE SERVE. STUDENTS ARE MENTORED TO BE LEADERS IN THEIR SCHOOL AND COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $2,339,927

THE STAFF OF TEXAS ACADEMY 4 PROVIDES PROGRAM SERVICES ON EACH SCHOOL CAMPUS DURING THE SCHOOL DAY MONTHLY. 3,000 FOURTH-GRADE STUDENTS WERE SERVED. THE 4TH GRADE PROGRAM INCREASED BY 5 SCHOOLS. LONG TERM, THE ORGANIZATION HAS PLANS TO CONTINUE ITS EXPANSION INTO URBAN SCHOOLS IN DALLAS AND FORT WORTH AND SURROUNDING AREAS, AUSTIN,MEMPHIS, TN AND BEYOND. TEXAS ACADEMY 4 RECEIVES DONATED SERVICES, MATERIALS, AND FACILITIES WHICH ARE SIGNIFICANT TO THE OPERATION OF THIS PROGRAM SERVICE.

Program 2

Expenses: $59,411

4 FAMILIES IS A TOOL FOR ACADEMY 4 CHURCH PARTNERS TO ENCOURAGE AND BUILD COMMUNITY AMONG FAMILIES IN LOCAL SCHOOLS, PARTICULARLY THE UNDER-RESOURCED. WE OFFER WORKSHOPS THAT START WITH PARENTING AND EXPAND TO OTHER TOPICS SUCH AS FINANCIAL LITERACY, LEADERSHIP, ENGLISH AS A SECOND LANGUAGE, AND OTHER TOPICS TARGETED TO THE SPECIFIC COMMUNITY'S NEEDS.THE OBJECTIVE OF THIS PROGRAM IS TO EQUIP MEMBERS WITH KNOWLEDGE AND SKILLS THEY NEED. OUR PRIMARY TOPIC IS PARENTING. THE PROGRAM ALSO SEEKS TO BUILD COMMUNITY WITH THE PARENTS, SO THEY HAVE OTHERS THEY CAN DEPEND ON ENCOURAGE ONE ANOTHER.WE SERVED 19 FAMILIES THROUGH THIS PROGRAM.

Program 3

Expenses: $31,463

LEADERS 5 HELPS FIRST GRADERS WITH THEIR READING SKILLS WHILE PROVIDING 5TH GRADERS LEADERSHIP AND SERVICE OPPORTUNITIES. WE ENGAGED ABOUT 1,800 FIRST GRADERS IN READING WHILE PROVIDING A...

LEADERS 5 HELPS FIRST GRADERS WITH THEIR READING SKILLS WHILE PROVIDING 5TH GRADERS LEADERSHIP AND SERVICE OPPORTUNITIES. WE ENGAGED ABOUT 1,800 FIRST GRADERS IN READING WHILE PROVIDING A MENTORING/TUTORING OPPORTUNITY FOR APPROXIMATELY 1,800 5TH GRADE STUDENTS WHO WERE ABLE TO PUT INTO PRACTICE THE LEADERSHIOP PRINCIPLES THEY LEARNED IN 4TH GRADE. IN ADDITION, 5TH GRADERS WORKED TOGETHER TO DO SERVICE PROJECTS IN THEIR COMMUNITIES POSITVELY IMPACTING THOUSANDS OF PEOPLE. THE PROGRAM MEETS ONCE A MONTH DURING THE SCHOOL YEAR FOR 90 MINUTES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,031,831

Program Service Revenue $0

Investment Income $58

Other Revenue $-40,168

TOTAL REVENUE $3,991,721

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $3,208,446

Fundraising Expenses $557,462

Program Expenses $2,434,827

Other Expenses $961,198

TOTAL EXPENSES $4,196,208

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,991,721	$3,190,031	+0.3%
Expenses	$4,196,208	$3,072,565	+0.4%
Net Income	$-204,487	$117,466	-2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

119

Volunteers

3700

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$195,502

Total Directors